Skip to main content
1D

Earnings preview · AMD

Advanced Micro Devices earnings preview (November 3): what analysts expect

Advanced Micro Devices, Inc. reports its Jul-Sep 2026 quarter on Tuesday, November 3, after the Wall Street close. Here is what the market expects and how it gets there, in charts.

InbestPlanners · Updated Oct 30, 2026 · 3 min read

Nov3

Tuesday, November 3

After the Wall Street close · call at 5:00 PM ET · confirmed date

In 30 seconds

  • Expected earnings per share: $1.94 (+61.4% on the same quarter a year ago).
  • Expected sales: $13.1B (+41.5% year on year).
  • It beat the earnings estimate in 4 of its last 4 quarters.
  • The share arrives up 6.0% over three months and up 98.1% over a year.

Expected EPS

$1.94

+61.4% vs. a year ago

Expected sales

$13.1B

+41.5% y/y

Beat estimates

4 / 4

last quarters

Share, 12 months

+98.1%

Close $504.80

Earnings per share: expected against reported

Every quarter analysts publish how much they think Advanced Micro Devices will earn per share. The grey bar is their estimate; the coloured one, what the company reported. On the right, what they expect now (41 analysts), with the lowest and highest estimate.

1.18
1.20

Jul-Sep
2025

Beat

1.32
1.53

Oct-Dec
2025

Beat

1.29
1.37

Jan-Mar
2026

Beat

1.61
1.66

Apr-Jun
2026

Beat

1.94

Jul-Sep
2026

Now

Expected Reported Now (low-high estimates: 1.72 - 2.10)

In the last 4 quarters it beat the estimate 4 times. On average, reported earnings came in 6.7% above the estimate.

Sales and margins

Sales each quarter, in billions of USD; the dotted bar is what is expected now: $13.1B, against $9.2B a year earlier.

7.7

Apr-Jun
2025

9.2

Jul-Sep
2025

10.3

Oct-Dec
2025

10.3

Jan-Mar
2026

11.5

Apr-Jun
2026

13.1

Jul-Sep
2026

QuarterGross marginOperating marginNet income
Apr-Jun 202539.8%-1.7%$872.0M
Jul-Sep 202551.7%13.7%$1.2B
Oct-Dec 202554.3%17.1%$1.5B
Jan-Mar 202652.8%14.4%$1.4B
Apr-Jun 202653.8%17.3%$2.3B

How Advanced Micro Devices shares arrive

$504.80

Close of Oct 30, 2026 · last year

High $649.42Low $190.95
Oct 2025Oct 2026

1 month

-17.5%

3 months

+6.0%

YTD

+135.7%

12 months

+98.1%

Over the last year it traded between $190.95 and $649.42. It trades at 128.8 times the last twelve months' earnings and 31.7 times next year's expected earnings (P/E).

What to watch on November 3

  1. 01

    Earnings per share

    The benchmark is $1.94. Above it, the market reads "beat".

  2. 02

    Sales

    $13.1B expected. Profit can beat through cuts; sales tell whether the business grows.

  3. 03

    Gross margin

    Last quarter it was 53.8%. If it falls, it sells cheaper or produces at a higher cost.

Frequently asked questions

When does Advanced Micro Devices report earnings?

Advanced Micro Devices reports its Jul-Sep 2026 quarter on Tuesday, November 3, after the Wall Street close. The analyst call is at 5:00 PM ET.

What EPS do analysts expect from Advanced Micro Devices?

The consensus of 41 analysts is $1.94 per share, with estimates from $1.72 to $2.10. A year ago it was $1.20.

What sales are expected from Advanced Micro Devices?

Analysts expect sales of $13.1B, against $9.2B a year ago.

Does Advanced Micro Devices usually beat estimates?

In the last 4 quarters it beat the EPS estimate 4 times; on average reported earnings came in 6.7% above the estimate. Having done it before says nothing about this time.

All earnings previews

Information, not investment advice. Figures are the data provider's (analyst consensus and accounts published by Advanced Micro Devices, Inc.) as of Oct 30, 2026; EPS is the one analysts compare and may differ from reported GAAP figures. Quarters are calendar quarters (Jul-Sep 2026), whatever the company's fiscal numbering. Past performance does not guarantee future results.